December 23: Gold and Silver End Slightly Lower on the Week But Miners Gain
Please Note: There will not be any Gold Seeker reports next week.
Gold rose to as high as $1135.53 in late morning New York trade before it drifted back lower into the close, but it still ended with a gain of 0.28%. Silver slipped to as low as $15.68 and ended with a loss of 0.51%.
Euro gold rose to about €1083, platinum lost $16 to $891, and copper fell a couple of cents to about $2.48.
Gold and silver equities gained roughly 2% by midday and remained near that level into the close.
New Home Sales
All of this week’s other economic reports:
Core PCE Price Index - November
Personal Spending - November
Personal Income - November
GDP - Q3
GDP Deflator - Q3
Leading Indicators - November
FHFA Housing Price Index - October
Durable Orders - November
Durable Orders, Ex- Trans. - November
Initial Claims - 12/17
Existing Home Sales - November
Next week’s economic highlights include the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, Pending Home Sales on Wednesday, Initial Jobless Claims and International Trade in Goods on Thursday, and Chicago PMI on Friday.
Charts Courtesy of http://finance.yahoo.com/
Among the big names making news in the market Friday were ConocoPhillips, Monte Paschi, Bitcoin, Credit Suisse, and Deutsche Bank.
Activity from: 12/22/2016
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) AND Mexico Stock Exchange (BMV)
SPDR® Gold Shares
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 195.60: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,581.73: +29.49 change from yesterday’s data.
1. Northern Dynasty
NAK +9.88% $1.89
2. Great Panther
GPL +5.92% $1.61
DRD +5.45% $5.22
PZG -2.35% $1.66
AXU -1.61% $1.22
BTG -0.93% $2.12
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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